Atlassian to buy Arc developer The Browser Company for $610M

Atlassian has agreed to acquire The Browser Company for six hundred ten million dollars in cash. The Browser Company is the developer of the Arc and Dia browsers.

Mike Cannon-Brookes, Atlassian’s CEO and co-founder, stated that today’s browsers were built for browsing, not for work. He described the deal as a bold step forward in reimagining the browser for knowledge work in the AI era. He added that together, the companies will create an AI-powered browser optimized for the many SaaS applications living in tabs, one that knowledge workers will love to use every day.

The Browser Company’s CEO, Josh Miller, confirmed that his company will operate independently under Atlassian. The team will continue to develop Dia, the browser it started working on last year after deciding to stop development of its previous browser, Arc. Miller said the deal would allow The Browser Company to hire and ship features faster while also supporting multiple platforms.

The acquisition is expected to close in the second quarter of Atlassian’s fiscal year 2026.

The Browser Company most recently raised fifty million dollars at a five hundred fifty million dollar valuation last year. In total, the startup has raised one hundred twenty-eight million dollars across multiple funding rounds. Its investors include Pace Capital, LinkedIn’s Jeff Weiner, Medium’s Ev Williams, Figma’s Dylan Field, Notion’s Akshay Kothari, and GitHub’s Jason Warner.

This announcement comes one day after a U.S. District Court spared Google from being forced to sell its browser, Chrome.